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In the 1930's, among the countries that hit the wall the hardest was the US, which had in the past few decades overtaken England as the largest economy in the world.

Hitting the wall hard means a lot of pain for an extended period of time ... but does not predict whether or not the country that hits the wall hard will finally pick things up and get a workable replacement in place for the former broken one.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Mon Aug 23rd, 2010 at 01:20:25 PM EST
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